Massachusetts Association Of Accountants Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 199,731 | 204,719 | −4,988 | 7.5 | 28% |
| 2013 | 193,595 | 209,091 | −15,496 | 6.5 | 32% |
| 2014 | 203,783 | 208,667 | −4,884 | 6.2 | 31% |
| 2015 | 191,153 | 201,925 | −10,772 | 5.8 | 34% |
| 2016 | 179,377 | 196,467 | −17,090 | 5.1 | 34% |
| 2017 | 174,303 | 190,538 | −16,235 | 4.3 | 36% |
| 2018 | 179,825 | 190,637 | −10,812 | 4.1 | 34% |
| 2019 | 197,752 | 186,962 | 10,790 | 4.9 | 36% |
| 2020 | 158,475 | 170,985 | −12,510 | 4.9 | 36% |
| 2021 | 146,807 | 115,640 | 31,167 | 10.5 | 52% |
| 2022 | 134,421 | 108,833 | 25,588 | 14.1 | 53% |
| 2023 | 127,403 | 111,810 | 15,593 | 15.1 | 47% |
| 2024 | 137,913 | 142,575 | −4,662 | 11.5 | 48% |
In its most recent public year (2024), this organization spent $4,662 more than it brought in. Its reserves stood at about 11.5 months of spending, up from 7.5 in 2012. Staff pay was 48% of spending. $52,061 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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